Originally Posted by
Carl Spackler
You're right...I don't encourage it. But I do encourage as many retirements as possible before DCC. And after for that matter.
Originally Posted by Carl Spackler
For those talking about NWA management not "letting" 1000 guys retire, you should know it's not management's decision to make. If 1000 NWA guys want to retire early, there's nothing that can be done.
What did you do to discourage the senior Delta pilots from all taking lump sums and bankrupting the pension for all Delta pilots?
Carl
Which is it, Carl? Is retirement a right protected by contract and ERISA or a convenience for the company.
btw, you answered a question with a question. The Delta retirements are historical fact. The underfunding of the NWA pension plans are current fact. Are you going to protect against sick leave abuse, theft, and retirements that aren't built into the actuarial funding model of your plan?
Or are you hot air and an example of what you suspect a "high number" of NWA pilots will do?
Those early retirements that you wish for only make your already underfunded plan more underfunded....
